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Length of Boat Loans. Fixed rate boat loan terms are available from 15, 20 years, the terms available are based on the amount you are looking to borrow. The rate of your boat loan is determined by many key factors outside of your credit score.
Boats and Ships with 30+ answers. It means that the widest point of the boat is 54 inches from side to side. The beam is the width of a vessel, and the measurement given is always the widest distance. This is important for knowing what you can fit your vessel through, what size slip you need, or what kind of trailer to use, among other things.